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1273 Chestnut, Long Beach CA 90813
1273 Chestnut, Long Beach CA 90813
California>Long Beach>Willmore City

1273 ChestnutLong Beach, CA 90813

For Sale

$1,199,000

Smart Buyer Rebate $11,990

Seize this exceptional income-producing opportunity in the heart of Long Beach. This well-positioned multi-family property delivers immediate cash flow with the added advantage of significant rental upside — an investor's dream in one of Southern California's most dynamic rental markets.

Fully tenant-occupied at acquisition, this property offers day-one income with room to grow. Below-market rents provide a clear path to increased returns as leases turn over, making this an ideal value-add play for both seasoned and first-time investors.

Strategically located with easy access to major freeways, public transit, and the vibrant energy of Downtown Long Beach, the property benefits from consistently strong rental demand. Tenants enjoy walkable convenience to dining, shopping, entertainment, and employment centers — the kind of location that keeps units filled and turnover low.

Listed by Joshua Hammond

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License #01815056

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Compass

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424-903-9319

Last updated June 10, 2026

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Source: CRMLS #SB26124554

Listing Facts

  • TypeMulti-family
  • NeighborhoodWillmore City
  • Days on Prevu7

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

06/08/2026
Listed by Compass
$1,199,000

Property Details for 1273 Chestnut

Association

Amenities

  • Community Features: Sidewalks

Exterior

Construction

  • Number Of Units Total: 4
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1928
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 3,042
  • Building Area Units: Square Feet
  • Lot Features: Irregular Lot
  • Lot Size Acres: 0.08
  • Lot Size Area: 3,674
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3,674
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $81,960.00
  • Operating Expense: $5,600.00

Taxes

  • Parcel Number: 7272002030

Other

Location

  • Subdivision Name: Other
  • Tax Lot: 7

Utilities

Equipment

  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1273 Chestnut.

How does 1273 Chestnut compare to other multi-family homes in Willmore City?

This multi-family home is listed 47% below the average price for multi-family homes in Willmore City and has been on the market for 122 less days than the typical home in this area.

1273 Chestnut is a -bedroom multi-family home for sale in Long Beach CA 90813. Listed on Prevu for 7 days at $1,199,000. This property is located in Willmore City. The median listing price for multi-family homes in this area is $1,299,500. Property amenities include parking. View other multi-family home listings in Long Beach.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.